Tag Archiveschickpea prices

MarketsFarm — Chickpea prices have remained steady in Canada, despite inclement growing conditions in key chickpea-growing regions. The stability is mainly due to a global supply glut, with large carryout volumes from previous years combined with high acreage numbers in Canada, the U.S. and Australia. Statistics Canada estimated Canadian producers will dedicate just over 300,000 […] Read more

MarketsFarm — Lower prices are expected to lead to a drop in Canadian chickpea acres in 2019, but the future is bright for the crop as new consumer markets gain popularity. Seeded acres for chickpeas almost quadrupled between 2017 and 2018, rising from 160,000 to 442,900, respectively. Since inventory from the 2018 growing season is […] Read more

MarketsFarm — Since chickpea prices fell rapidly during last year’s harvest, the jury is out as to what the chickpea market holds this year. “Acres are going to be down this year because the price isn’t what it was a year ago,” said Melody Ector, president of Diefenbaker Spice and Pulse at Elbow, Sask. Prices […] Read more

Canadian chickpea acres are expected to return to more normal levels in 2019, after a sizeable jump in 2018. However, while prices are off the highs that drove 2018 seeding intentions, they still could have some room to the upside over the next few months. After seeding 442,900 acres of chickpeas in 2018, Canadian farmers […] Read more

The Indian government has raised its import tariff for chickpeas from 30 per cent to 40 per cent. The government said Tuesday in the Gazette of India the increased tariff is to be imposed immediately, with existing circumstances making it necessary. Chickpea prices have continued to fall over the last six months, according to reports […] Read more

CNS Canada — Low yields and poor quality have caused Canadian chickpea price quotes to shoot higher. Very little of the crop actually falls under the top grades, however, leaving the bulk of the marketing to take place in the feed sector. “The chickpea harvest has been an unmitigated disaster,” said Colin Young of Midwest […] Read more

CNS Canada — The Canadian chickpea market is in a transitionary phase ahead of harvest, one market participant says, as a key player sits out. “We’re still kind of in that phase where there’s a lot of orders trying to get filled, positions trying to get squared,” said David Newman of Commodious Trading near Victoria. […] Read more

CNS Canada –– Canadian chickpeas have a long season to go, but so far the crops look like they’re in it for the long haul. “We have a fair amount of chickpeas in and they look phenomenal, they’re in full flower and looking as healthy and as good as a chickpea crop can at this […] Read more

CNS Canada — Production issues in growing regions have driven chickpea prices higher, one analyst says, but limited seed means Canadian producers may not be able to take advantage of strong new-crop pricing. “Bottom line, the world is out of chickpeas,” said Colin Young of Midwest Investments. “As the year progressed everyone was hoping the […] Read more

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